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John Hancock Exchange-Traded Fund Trust - John Hancock High Yield ETF
John Hancock Exchange-Traded Fund Trust - John Hancock High Yield ETF is an exchange traded fund launched and managed by John Hancock Investment Management LLC. The fund is co-managed by Marathon Asset Management, LP. It invests in fixed income markets. The fund primarily invests in U.S.-dollar-denominated high-yield corporate bonds that are rated from BB+ to D by S&P or Fitch or from Ba1 to D by Moody’s. It invests in securities with varying maturities. The fund employs fundamental analysis with top-down security picking approach to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Bloomberg U.S. Aggregate Bond Index and CE BofA U.S. High Yield Constrained Index. John Hancock Exchange-Traded Fund Trust - John Hancock High Yield ETF was formed on May 1, 2024 and is domiciled in the United States.
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